What products are classified under HSN 89040000 ?
It includes Inflatable rafts
HSN Code 89040000 represents Tugs And Pusher Craft under GST classification. This code helps businesses identify Tugs And Pusher Craft correctly for billing, taxation, and trade. With HSN Code 89040000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Tugs And Pusher Craft.
HSN Code 89040000 relates to the following description:
Tugs And Pusher Craft does not include products with the following descriptions:
| HSN Code | Description |
|---|
It includes Inflatable rafts
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tugs And Pusher Craft; Nil for exempt items if applicable).
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.